The Covid-19 pandemic shook the real estate market a great deal. It led to high demand and a low housing supply, leading to a rise in house prices. This could be because many people had to work from home, thus requiring more space. Also, during a period of uncertainty, rich people enjoy buying properties because they are much cheaper. We can also argue that the rich had much more disposable income because...
When it comes to luxury homes, the market becomes complex. We all know that luxury homes are in their own special bracket. What works for standard homes does not work for luxury homes and vice-versa. This means that a different level of expertise is required when selling a luxury home. Understanding the nature of the market, the value of the home, and the location of your home helps a lot in selling a...
Selling luxury homes in DC is a different real estate market. Everything from how you price to how you market has to be adjusted for the right buyers. This is an exclusive market. The higher the price a house is listed for, the fewer the buyer pool becomes, and you might have a long road ahead. Realtor.com’s luxury home index shows a 25% increase in luxury home sales across the country. Luxury...
Most people have found themselves purchasing houses as opposed to selling them. Notably, selling a house is very different from buying one in terms of the procedures involved. When one decides to buy a home, they place all their emotions and feelings into one basket because they will be living in it for the better part of their lives. However, when selling a house, the seller aims to give away their...